Business Owner Charged in Ponzi Scheme

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Source:
ClipSyndicate
Distributor: KMSP FOX 9 Minneapolis
Found: Nov 6, 2009
An Andover businessman is now charged in a multi-million dollar Ponzi scheme. Hennepin County prosecutors claim Gerard Cellette ran Minnesota Print Services and acted as a paper broker. Cellette allegedly told investors he could make them money buying paper at wholesale prices and selling it for profit.
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